TechNavio recognizes the following companies as the key players in the Global Head-mounted Displays Market: Elbit Systems Ltd., eMagin Corp., Kopin Corp., Sony Corp., and Vuzix Corp.
Commenting on the report, an analyst from TechNavio’s team said: “Augmented reality refers to the virtual view of a physical environment, which is done by augmenting reality through computer-generated sensory inputs. These inputs, later fed into the computer, are in the form of sound, video, graphics, or GPS data (GPS data maps the real-world environment). Head-mounted displays, head-up displays, and Google glasses are some examples of augmented reality products. The increase in the number of augmented reality products is one of the major factors contributing to the growth of this market.”
According to the report, one of the major drivers in this market is the increasing adoption of head-mounted displays in the Consumer Electronics sector. Over the years, head-mounted displays have emerged as effective gaming devices, as they introduce gamers to a whole new experience, entirely different from conventional gaming. This is also one of the major factors leading to the increased adoption of head-mounted displays.
Further, the report states that one of the key challenges in the market is the high ownership cost of head-mounted displays. The unit cost of head-mounted displays plays a critical role in their adoption in the Consumer Electronics, Healthcare, and Sports sectors. The high cost of head-mounted displays is likely to lead to the slow adoption of such displays, affecting the growth prospects of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-head-mounted-displays-market-2014…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Head-mounted Displays Market 2014-2018
